1. Home
  2. sec approval

sec approval

Understanding the Difference Between Spot and Futures Crypto ETFs

Understanding the Difference Between Spot and Futures Crypto ETFsThis year, the U.S. Securities and Exchange Commission approved 12 spot bitcoin exchange-traded funds (ETFs) and nine spot ether ETFs. Here’s a deep dive into the distinctions between spot and futures crypto asset exchange-traded products (ETPs), offering essential insights for investors navigating the ever-evolving world of crypto investments. Spot vs. Futures: Navigating the Crypto ETF […]

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

Cryptoquant Report Analyzes Market Impact of New SEC-Approved Ethereum Spot ETFs

Cryptoquant Report Analyzes Market Impact of New SEC-Approved Ethereum Spot ETFsOn July 23, 2024, the U.S. Securities and Exchange Commission approved the launch of several ethereum (ETH) spot exchange-traded funds (ETFs), marking a significant development in the cryptocurrency market. The latest report from Cryptoquant delves into the implications and insights surrounding this launch, highlighting key factors investors may want to consider. Cryptoquant Analysis Explores Implications […]

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

Spot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFs

Spot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFsSpot ethereum exchange-traded funds (ETFs) are set to debut on Tuesday, July 23, 2024, following approval from the U.S. Securities and Exchange Commission (SEC). Blackrock, the world’s largest asset manager, announced that its Ishares Ethereum Trust ETF (ETHA) will commence trading on Nasdaq on Tuesday, featuring a one-year fee waiver of 0.12% for the first […]

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

Bloomberg Analyst Discusses Solana ETF Deadline and Election Impact

Bloomberg Analyst Discusses Solana ETF Deadline and Election ImpactA senior Bloomberg ETF analyst says the final deadline for the approve of solana exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will be mid-March 2025. He stressed that the U.S. presidential election in November will play a crucial role in their approval. Analyst Discusses Political Impact on Solana ETFs A senior […]

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

Ripple CEO Expects SEC to Approve Spot XRP ETF Next Year

Ripple CEO Expects SEC to Approve Spot XRP ETF Next YearRipple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year, reiterating that they are inevitable. The executive discussed cryptocurrency regulations in the U.S., highlighting the SEC’s shift towards pragmatism after losing court battles. XRP ETFs Likely Approved Next Year, Ripple’s CEO Says Ripple CEO Brad […]

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

Cathie Wood’s Ark Invest Halts Spot Ethereum ETF Plans

Cathie Wood’s Ark Invest Halts Spot Ethereum ETF PlansCathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), as its name was removed from the application filed with 21shares. The ETF, now renamed 21shares Core Ethereum ETF, reflects Ark’s decision not to pursue the ether ETF at this time. Despite this, Ark remains committed to […]

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

Be persistent with the SEC, says Franklin Templeton digital asset head

The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator.

Financial innovators are playing the long game with the United States Securities and Exchange Commission (SEC), and it’s only fair, according to Franklin Templeton head of digital assets Roger Bayston.

“The SEC, like a lot of regulatory bodies, likes to rely on legal precedents. […] Those precedents are being set in courts of law oftentimes, so this is just the process we’re engaged in,” Bayston told Cointelegraph’s Turner Wright at the Consensus event.

Despite frequent expressions of cynicism about the SEC’s “open door” policy, Bayston saw the agency’s behavior as safeguarding the economy and not insurmountable:

Read more

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

How billions in outflows from Grayscale could impact Ethereum ETF launch

Outflows from the Grayscale Ethereum Trust (ETHE) could dampen the Spot Ethereum ETF approval party but create significant opportunities for traders.

In a surprise for markets, the U.S. Securities and Exchange Commission (SEC) approved eight spot Ethereum ETFs on May 23, leading to a wave of positive sentiment.

But perhaps even more surprisingly, the Ether (ETH) price barely reacted to the news.

Before the SEC announcement on May 23, the price of Ether was $3,742.31. It rose to $3,959.28 on May 27 before falling to $3859.39 on May 28. A consistent bull run has yet to emerge.

Read more

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

Spot Ether ETFs are now officially legal in the US: Law Decoded

Spot Ether ETFs might be weeks or months away from debuting on exchanges, as the ETF filers have yet to receive their S-1 SEC registration.

In a second landmark decision this year, the United States Securities and Exchange Commission has given the regulatory green light to spot Ether exchange-traded funds (ETFs) in the country.

The SEC approved the 19b-4 filings from VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy and Bitwise, approving the rule changes allowing spot Ether (ETH) ETFs to be listed and traded on their respective exchanges.

Unlike the spot Bitcoin (BTC) ETFs approved via voting by a five-member committee including SEC Chair Gary Gensler, spot Ether ETFs were approved by the SEC’s Trading and Markets Division.

Read more

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

Standard Chartered Discusses SEC Approving Spot ETFs for Cryptos Beyond Bitcoin and Ether

Standard Chartered Discusses SEC Approving Spot ETFs for Cryptos Beyond Bitcoin and EtherStandard Chartered says markets will look ahead to exchange-traded funds (ETFs) of cryptocurrencies other than bitcoin and ether, but “this is likely a 2025 story.” They believe that the SEC approving spot ethereum ETFs suggests that the securities watchdog does not view ether as a security and that other coins similar to ether will also […]

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508